RFG Advisory LLC Buys 14,053 Shares of Invesco S&P SmallCap Momentum ETF $XSMO

RFG Advisory LLC boosted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 17.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 93,217 shares of the company’s stock after purchasing an additional 14,053 shares during the quarter. RFG Advisory LLC owned about 0.32% of Invesco S&P SmallCap Momentum ETF worth $6,713,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Providence First Trust Co increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 22.9% in the fourth quarter. Providence First Trust Co now owns 26,402 shares of the company’s stock worth $1,901,000 after purchasing an additional 4,920 shares during the last quarter. Truist Financial Corp boosted its stake in Invesco S&P SmallCap Momentum ETF by 0.4% during the fourth quarter. Truist Financial Corp now owns 90,900 shares of the company’s stock valued at $6,546,000 after buying an additional 355 shares during the last quarter. Capital Investment Counsel LLC bought a new position in Invesco S&P SmallCap Momentum ETF during the fourth quarter valued at approximately $2,245,000. Mutual Advisors LLC grew its holdings in Invesco S&P SmallCap Momentum ETF by 4.1% during the 4th quarter. Mutual Advisors LLC now owns 5,016 shares of the company’s stock valued at $361,000 after buying an additional 197 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in Invesco S&P SmallCap Momentum ETF by 111.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 27,146 shares of the company’s stock valued at $1,955,000 after buying an additional 14,298 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA:XSMO opened at $88.33 on Wednesday. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a 1 year low of $62.40 and a 1 year high of $88.57. The stock’s 50 day simple moving average is $79.70 and its two-hundred day simple moving average is $76.39.

Invesco S&P SmallCap Momentum ETF Profile

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.